Firstly, the site of huge supplies and raw material encouraged the industrial revolution. For example the strategic location of factories near coal made it easy to transport products and was key to industrial success. Secondly, the large river system allowed for cheap energy and cheap transportation. Transportation was essential to get products from the factories to businesses and the river system made it possible. Thirdly, the innovations of farming allowed for large quantities of food to rapidly growing urban regions. The new methods introduced along with new machinery made food faster to grow with little work and thus encouraged the industrial revolution. Fourthly, the innovations in transportation allowed the surplus of food to be transported to urban regions faster and cheaply. For example the invention of steam powered boats and later trains allowed for fast and cheap transportation. Fifthly, the large population in cities served as laborers for the factories. These conditions allowed for a vast amount of unemployment that created an incentive for industrialization and the creation of jobs that followed. Sixthly, the method of collecting large amounts of capital for investment fueled the economy. The banking system and insurance companies helped businesses expand when the businesses didn’t necessarily have the money. Bank loans opened up the world for more business and lead to the creation of more factories, canals, and railroads. Seventhly, the innovations and inventions made the industrial revolution possible. For example, the adaptation of the steam engine in boats made transportation faster and cheaper for factories. Finally, the lack of government regulation of the economy allowed entrepreneurs to take advantage of the opportunities offered by all the factor listed and discussed above. In conclusion, these factors in some way contributed and caused the industrial revolution that changed the way America
Firstly, the site of huge supplies and raw material encouraged the industrial revolution. For example the strategic location of factories near coal made it easy to transport products and was key to industrial success. Secondly, the large river system allowed for cheap energy and cheap transportation. Transportation was essential to get products from the factories to businesses and the river system made it possible. Thirdly, the innovations of farming allowed for large quantities of food to rapidly growing urban regions. The new methods introduced along with new machinery made food faster to grow with little work and thus encouraged the industrial revolution. Fourthly, the innovations in transportation allowed the surplus of food to be transported to urban regions faster and cheaply. For example the invention of steam powered boats and later trains allowed for fast and cheap transportation. Fifthly, the large population in cities served as laborers for the factories. These conditions allowed for a vast amount of unemployment that created an incentive for industrialization and the creation of jobs that followed. Sixthly, the method of collecting large amounts of capital for investment fueled the economy. The banking system and insurance companies helped businesses expand when the businesses didn’t necessarily have the money. Bank loans opened up the world for more business and lead to the creation of more factories, canals, and railroads. Seventhly, the innovations and inventions made the industrial revolution possible. For example, the adaptation of the steam engine in boats made transportation faster and cheaper for factories. Finally, the lack of government regulation of the economy allowed entrepreneurs to take advantage of the opportunities offered by all the factor listed and discussed above. In conclusion, these factors in some way contributed and caused the industrial revolution that changed the way America